FullTimeTrader
Long

CADCHF-Recovering from the darks??

FX:CADCHF   Canadian Dollar/Swiss Franc
215 0 5
I expect the last pairs to recover against the CHF. We saw already the AUDCHF             doing it on monday:
AUDCHF-corrective pattern just finishing


This pair could be the next one. Looking at W1 chart we see a nice ending diagonal that is suggesting a strong long term rally:
snapshot


Here at D1 chart the price retraced near the 0.61 fib retracement forming a double bottom with divergence.
Thats all, if this setup works this could be the start of a HUGE long term rally.

Best regards.
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